In November, Hertz (NASDAQ: HTZ) launched a $2 billion stock repurchase program.
Hertz says it may now repurchase up to $2.2 billion worth of its shares, which represents almost a third of its current market value of $7.1 billion, with around $200 million left in the prior buyback program.
As of Wednesday morning, Hertz stock was up more than 5% ahead of the market’s opening bell.
The post In Premarket Trading Today, Hertz Global Stock was up +4.68%. appeared first on Best Stocks.
